Drew Sigfridson, SIOR | Designated Broker, Partner, CBRE | The Boulos CompanyApril 30, 2013
One of the best indicators of a thriving real estate market is the presence of multiple offer scenarios consisting of at least two viable competing offers for a single piece of property. This common occurrence took a hiatus during the height of the previous recession, but over the past several months the multiple offer scenario has returned.